Thailand Business Practices Rank High in World Bank Survey

Although those in the Phuket property market might have a grumble from time to time about the difficulties of business procedures and practices in Thailand, things are much better than some realize. The recent 2012 Ease of Doing Business Survey from the World Bank pitched Thailand at the lofty height of 19 out of 183 countries! The International Finance Corporation, a subsidiary of the World Bank, compiled the survey with factors such as the ease of small firms doing business, regarding everything from start-ups to dealing with bankruptcy and insolvency. Thailand was listed fourth in Asia, behind Singapore, South Korea and Hong Kong.

This is great news for the Phuket property market and Phuket business in general and shows we are on the right track regardless of the naysayers who sometimes find it difficult to string a positive sentence together.

Thailand excelled in four areas: in the dealings of construction permits; protecting investors; trading across borders, and finally in terms for getting electricity!

A press release from the World Bank stated, “The global report shows that governments in 125 economies out of 183 [that were] measured, implemented a total of 245 business regulatory reforms – 13 per cent more reforms than in the previous year.”

It goes to prove that even through times of economic uncertainty, Thailand can hold its own and that the Phuket property market is in great shape to take advantage of its premier position on the Thailand Real Estate scene.

Member of the Association of International
Property Professionals.
"Buy with Trust and Confidence"

Phuket Real Estate Images

Prime Real Estate is Phuket's leading agency with more than 1,000 properties for sale, and with an experience of more than 10 years in the Phuket real estate market, offering you luxury villas and condominiums for sale in the best locations throughout the island of Phuket.

If you are looking to buy or sell property, Barry King takes pride in giving a very personal, caring & professional service that very few real estate agents in the area can provide today. Our property portfolio comprises luxury villas and apartments, including the exclusive Laguna Beach estate, Layan, Kamala, Kalim, Surin beach, Bang Tao, Kata and Karon, Cape Yamu and Maikhao areas, in addition to special properties further afield.

Disclaimer: Availability is only upon agreement. Prime Real Estate Phuket does not accept responsibility for the accuracy and completeness as the information provided in this website and associated brochures are for information only and it is subject to errors, omissions, change of price or withdrawal without notice.

We're Sorry That You've Not Been Able To Find Your Dream Property

New properties become available all the time and if you haven't found exactly what you're looking for please let me know? I'll do my utmost to short list some properties that may interest you, or if there is nothing suitable at the moment I will let you know when your ideal home does become available!